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The swamp wins again! The new budget deal negotiated today between Senate leaders Mitch McConnell (R-Kentucky) and Chuck Schumer (D-New York) eliminates the sequestration budget caps that for the past half dozen or so years have put at least a few limits on government spending.
The deal removes sequestration budget caps for two years, increases defense spending and also boosts funding for domestic programs that were priorities for Democrats, such as opioid addiction programs. It also raises the debt ceiling until 2019.
It was unclear if the Senate deal will get enough support when it goes to the House.
According to this report, the deal will raise government spending by $300 billion over the next two years.
Even as the two parties make a lot of noise over the FBI scandal, their leaders move to keep the spigot of cash flowing to their buddies, and thus to themselves. And as they do so the federal debt grows, and grows, and grows. And we get closer and closer to outright bankruptcy and collapse.
Update: Trump has endorsed the deal.
“The Budget Agreement today is so important for our great Military,” he wrote on Twitter. “It ends the dangerous sequester and gives Secretary Mattis what he needs to keep America Great.”
“Dangerous sequester”? The sequestration rule has been the only thing that has kept any reins on budget spending for the past few years. In this matter Trump reveals his old liberal Democrat roots.